We’ve all heard that statement before. It’s not because the person who generated the numbers is trying to deceive you, but probably because we just were never taught the financial aspects of running a business. In fact, running a business from a financial perspective is something we all are capable of and currently do. If you manage your checkbook, make a payment on a car or house, or pay your own bills, you can understand a business financially. This course is about teaching you the fundamental aspects of managing a business financially. The decisions we make, the documents we use, and the information we need to gather and use

Upon completion of this training, participants should be able to:
• Understand basic financial statements an organization uses to assess and manage itself
• Describe the basic financial formulas and decisions that are used and made daily
• Understand the financial part of measurements
• Apply benchmarking via the SCOR model
• Identify and collect financial data when improving a process
• Determine the impact of a $1 savings